Golden Agri-Resources (Golden Agri-Resources) Debt-to-Equity : 0.62 (As of Dec. 2023)

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What is Golden Agri-Resources Debt-to-Equity?

Golden Agri-Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,670 Mil. Golden Agri-Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,395 Mil. Golden Agri-Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,926 Mil. Golden Agri-Resources's debt to equity for the quarter that ended in Dec. 2023 was 0.62.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Golden Agri-Resources's Debt-to-Equity or its related term are showing as below:

GARPY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.6 Med: 0.73 Max: 0.82
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of Golden Agri-Resources was 0.82. The lowest was 0.60. And the median was 0.73.

GARPY's Debt-to-Equity is ranked worse than
63.08% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs GARPY: 0.62

Golden Agri-Resources Debt-to-Equity Historical Data

The historical data trend for Golden Agri-Resources's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Golden Agri-Resources Debt-to-Equity Chart

Golden Agri-Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.72

0.74

0.64

0.60

0.62

Golden Agri-Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.64	0.62	0.60	0.61	0.62

Competitive Comparison of Golden Agri-Resources's Debt-to-Equity

For the Farm Products subindustry, Golden Agri-Resources's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Golden Agri-Resources's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Golden Agri-Resources's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Golden Agri-Resources's Debt-to-Equity falls into.

Golden Agri-Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Golden Agri-Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1669.912	+	1394.718)	/	4926.401
	=	0.62

Golden Agri-Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1669.912	+	1394.718)	/	4926.401
	=	0.62

Golden Agri-Resources (OTCPK:GARPY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Golden Agri-Resources Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Golden Agri-Resources's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Golden Agri-Resources (Golden Agri-Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Golden Agri-Resources Ltd (OTCPK:GARPY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GARPF:USA E5H:Singapore 4G3A:Germany

Address

C/o IQ EQ Corporate Services (Mauritius) Ltd, 33 Edith Cavell Street, Port Louis, MUS, 11324

Website

https://www.goldenagri.com.sg

Golden Agri-Resources Ltd is an integrated palm oil plantation company. It operates through two segments: Plantations and palm oil mills, and Palm, laurics, and others. The plantation and palm oil mills segment comprises the products from the upstream business. The Palm, laurics and others comprise the processing and merchandising of palm and oilseed-based products i.e. bulk, branded, oleo-chemicals and other vegetable oils. The majority of the revenue is generated from the Palm, laurics and other segments. The company generates the majority of its revenue from the Rest of Asia.